In this episode… Our CEO Renaud is joined by a special guest in this episode, Andrew Hupert, a cross-cultural management and communication expert, coach, and trainer who spent 10+ years in China, is currently based in Mexico, and also creates a podcast you should check out: Globalism 2.0. They discuss why North American companies are starting to move their supply chains out of China, in particular US businesses, the political forces at play, and why this is giving rise to a new era of … [Read more...]
How Does Mexico Compare To China As A Manufacturing Base? [Podcast]
In this episode… Dan Harris from China Law Blog recently wrote: "Mexico is the New China" and Manufacturers are Moving There. Renaud Anjoran and Adrian from the team explore the topic of nearshoring to locations like Mexico, why it may especially suit US companies, what Mexico's manufacturing pros & cons are in comparison to China, assessing your supply chain risk, and Renaud finishes off by giving some guidance for importers who are interested in moving some or all of their … [Read more...]
A New ‘Cold War’ Between The USA & China’s Effect On Manufacturing [Podcast]
As tensions rise between China and the USA, is a new 'Cold War' brewing? If so, what effect is this or could this be having on manufacturing? Adrian from Sofeast and myself go political in this episode, discussing how the political rhetoric and actions towards China by the USA and other Western nations are on a downward trend and how the media seem to encourage this, too. Renaud posted this recent Forbes article which suggested that Americans polled would be prepared to pay 20% more for … [Read more...]
China Still Best For New & Complex Manufacturing Projects
Steve Dickinson wrote an article (Moving Manufacturing from China: Where you Gonna Run?) that got me thinking about complex manufacturing projects and China. He outlines the main reasons why China became "the factory of the world" so quickly (especially from 1992 to 2005), for small and large buyers alike. Other low-cost Asian countries are now trying to emulate these results and attract manufacturing, and they seem to focus on lower tax rates. Here are two recent articles I found on this … [Read more...]
Effects Of The US-China Trade War On Manufacturing Relocations
A few days ago, I shared an article entitled Are Manufacturers Really Leaving China? The China Perspective on Linkedin. David Collins, the author, wrote: Right now, a full-scale exodus is more talk than anything else; it is too early to tell with any degree of certainty what exactly will happen. But, numerous companies have signalled that they are exploring the option of leaving but have not pulled up stakes yet. This post generated a number of excellent comments, some of which I reproduced … [Read more...]